Red Rock Resources Share Discussion Threads

[atino] 20/6/2014 09:19

Super stuff Wiggles:-)

Still a possibility Soul:-)

[soulsauce] 20/6/2014 09:00

Re' the brrmedia chat. Things would have been so different for RRR & RGM had Bell been able to get some value from the GL explo.
Lets hope that is still possible.

[wriglet] 20/6/2014 05:24

Jupiter/Tshipi Article



regards

Wriglet

[hopeless698] 19/6/2014 22:53

Don't sell our Colombian Assets!!!

[atino] 19/6/2014 15:01

Lovely...so many things on wait here ^__* (...seems like it's been...a bloody long time though...)

[rrrensch] 19/6/2014 09:36

Fresh on Twitter - whoever is interested:

Red Rock Resources ‏@RRR_RedRock · 3m
Andrew Bell participating in a @brrmedia Thought Leaders Panel on Iron Ore at 10am today! Listen live via ...

[bones30] 19/6/2014 09:23

There was a good article in the FT about that Hopeless, speculating it may mark a turning point for the gold price.

[atino] 18/6/2014 12:55

RRRensch...

[Quote] "Nyanza gold miner plans to raise Sh8m for expansion"

A firm prospecting for gold in Nyanza is looking to raise 100,000 Canadian dollars (Sh8.1 million) through a private placement.

African Queen Mines joins a list of miners seeking cash to expand their operations in Western Kenya. The company is exploring for gold in Rongo constituency, Homa Bay and Ugunja, Siaya counties.

"African Queen Mines Ltd is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to Canadian dollar 100,000. Under the terms of the private placement, the company will offer for sale up to 2,000,000 units at Canadian dollar 0.05 per unit," said African Queen Mines chairman and chief executive Irwin Olian in a statement.

The exploration firm said that the money raised will be used to improve its working capital and fund other activities. The firm also has exploration interests in Ghana.

The Canadian firm joins UK's Red Rock Resources which raised Sh85 million through equity and a convertible bond in May.

Red Rock, which is exploring for gold in Migori County, said it raised the money to improve working capital.

Mayfox Mining plans to list on the Nairobi Securities Exchange by the end of the year to raise capital for further exploration at its Turkana sites.

Stockport Exploration, a listed Canadian mining firm looking for gold in Western Kenya, raised about Sh142 million in 2013 for prospecting through a share sale. Stockport sold shares to Kenyan institutional and sophisticated investors.

African Barrick Gold and Goldplat are other firms exploring for gold in the region.

Data from the Economic Survey 2014 shows that Kenya earned Sh7.4 billion in 2013, down from Sh13.92 billion from the year before due to a fall of prices on the international market.

hxxp://www.businessdailyafrica.com/Nyanza-gold-miner-plans-to-raise-Sh8m-for-expansion-/-/539552/2352038/-/1wqd4cz/-/index.html

[atino] 18/6/2014 12:35

EXCELLENT ^__^ (...sounds promising - cheers my hearty:-)...lets look forward to the '5' big ones:-)))

[rrrensch] 18/6/2014 12:23

Just been posted on Twitter - nothing to get excited about though:

Red Rock Resources ‏@RRR_RedRock · 5m
Hi @19_Gazza_84, the RRR board has made a strategic decision to dispose of the asset in order to generate (cont)

Hi @19_Gazza_84, the RRR board has made a strategic decision to dispose of the asset in order to generate cash to run the business and fund exploration. Obviously that choice had to be compared with keeping the mine and trying to do the same utilising cash flow from there. The decision was made based on this comparison. (twitlonger)

[atino] 17/6/2014 09:50

Dimmer - don't get me started AGAIN !!

"rrr has no future & ability to raise cash" WTF?? (...you 'REALLY' wanna check out RGMs ability to raise cash then!!!!)

The only form of LOAN SECURITY that RGM will get....is against their 'RRR shares' *__^ (...hopefully that TELLS YOU a lot about RRR...and ITS financial position compared to RGMs! LOL)

[atino] 17/6/2014 09:47

Excellent - we have a 'bounce' forming:-) ^__^...and why?

(IMO) All because...JMS said they were valued at 0.21cent - (so 'technically' speaking...there should be a level...in which the RRR share price, SHOULDN'T falling below:-)))

[...here's hoping anyway:-]]

[dimmerginger] 17/6/2014 09:22

Rrr really have no future here imo. Their ability to raise cash is limited and i worry that suspension isn't far away and indicators are leading to that. hope i'm wrong guys.

[johndee] 16/6/2014 20:16

Which school did Atino not go to?

[soulsauce] 16/6/2014 18:29

'do so at ur pearl' lol.

[atino] 16/6/2014 18:19

John...(if you wish to 'lock horns' & engage 'properly)...then do so, at ur pearl !! I'm 'kindly'...firing a 'warning shot' across...as I have a duty of obligation, to tell shareholders, that:


'My Atino'...WILL eat 'YOUR AVATOR', FOR BREAKFAST:-)



Next time m8 - you will NOT receive such 'kind'...PRIOR NOTICE !!

[johndee] 16/6/2014 18:01

Atino

Did you not notice, RRR was down more than double the percentage of RGM today. RGM floats a bit while RRR swims like a brick.

[atino] 16/6/2014 17:44

Kez/soul/sea (& co)...where are u guys? (...ur preferred stock...is under 'ASSAULT' ^__^)

[knoblet] 16/6/2014 17:04

They're coming to take him away ha ha

[steve1905] 16/6/2014 16:51

Yes fang, I remember his previous rantings and setting up his own thread.